
Designing Token Economies
"Age of Miracles"
00:00
Token Design and Value Misalignment
A token design is poor when there's value mis alignment. The prime slice has been preserved for the insiders, while the illusion of power gets distributed to the rest. Bad token design can doom a protocol before it even gets off the ground. tokens are programable primitives that allow dows and protocols to signal what matters in their ecosystem. Theyre used to reward good participation, to trade with each other and support new forms of a organizations and nations. Now is the perfect time to experiment with novel token designs without the pressure and expectations of high prices and up. We know you want to break ion, but it's important not to go too far down the rabbit hole.
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